Sprint Nextel in $420 Million Deal for Virgin Mobile USA

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Sprint Nextel in $420 Million Deal for Virgin Mobile USA

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Topic: Sprint Nextel in $420 Million Deal for Virgin Mobile USA (Read 1038 times)

Taniya

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Sprint Nextel in $420 Million Deal for Virgin Mobile USA

« Posted: July 29, 2009, 11:34:30 AM »

Sprint Nextel in $420 Million Deal for Virgin Mobile USA


The stock deal, a bid to expand Sprintâ€™s prepaid cellphone offerings, represents a 31 percent premium to Virgin Mobileâ€™s Monday closing share price of $4.21.



http://feeds.nytimes.com/click.phdo?i=cb0dcd8c60b54b8fa178bf52ddd14711


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